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by rah_pandey » Sat May 30, 2009 6:42 am
Can somebody explain what does this question mean.....

Before being simplified,the instructions for computing income tax in country R were to add 2% of one's annual income to the average(arithmetic mean)of 100 units of country R's currency and 1% of one's annual income.What is the simplified formula for computing income tax, in R's currency, for a person whose incme is I?

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by p2pg » Sat May 30, 2009 6:48 am
2% of I + 1/2(100+1% OF I)

2I/100 + 1/2(100+I/100)

Simplifying..
50 + I/40

Is that correct?
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by rah_pandey » Sat May 30, 2009 6:50 am
great!!! you rock
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